Its not neccessarily bad, for all we know this is the way of India to accept bitcoin and their own baby steps into regulating bitcoin so that they might integrate it into their own financial and economic sector. I am really positive and hopeful that this is the chance that we all in the bitcoin community would still have a chancr and would still have more effect on a national and global scale just by these acts of a country alone. We would just have to wait and see and check for ourselves what the jusgement would be